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From Ultra-Low to All-Time Highs: Japan’s Bond Market Signals Change
After decades of ultra-low interest rates, Japan’s bond market has entered a new era. The election of Sanae Takaichi as Japan’s likely first female prime minister has driven yields on 30-year government bonds to record highs, signaling a shift in global capital flows. As the “Takaichi Trade” unfolds, investors worldwide are reassessing yield dynamics, currency trends, and portfolio diversification strategies.

Girish Appadu
Oct 72 min read
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